FTSE STI closed 2,570.67 up 29.52 points or 1.16% with a total volume of 946.3M and total value of S$1.098b. Total number of advance vs decline was 219 vs 277. Of the 30 component stocks, 22 closed positive, 6 closed negative and 2 remain unchanged. The top 5 gainer of the component stocks were :-
1. SIA +0.300
2. JSH US$500 +0.200
3. KepCorp +0.140
4. UOB +0.140
5. CityDev +0.130
The top 5 loser component stocks were :-
1. Jardine C&C -0.700
2. DBS -0.060
3. F&N -0.040
4. Wilmar -0.020
4. Yanlord -0.020
4. Yangzijiang -0.020
STI market was inline with other Asia markets that react to yesterday US markets reversal due to news of possible BofA buying into Lehman Brothers. However, broad market sentiment still remain cautious as majority of the S-Shares still facing selling pressure.
